Delta legal chief took $1.4m pay cut as pandemic slammed travel

Delta chief legal officer Peter Carter’s total compensation decreased by more than $1.4m from 2019 to 2020, as the pandemic pummeled travel and prompted government aid to airline companies with strings attached, a regulatory filing shows. Carter’s total compensation was more than $5m in 2019 but fell to about $3.6m in 2020, Delta disclosed in a filing with the US Securities and Exchange Commission on Friday. The bulk of his 2020 compensation came in the form of stock and option awards.<br/>
Reuters
https://www.reuters.com/article/idUSL1N2MQ1OY
5/4/21